The CEO at the time of the McAfee acquisition was Paul Otellini -- an MBA: https://en.wikipedia.org/wiki/Paul_Otellini.
I wish Pat well and I think he might be the only who could save the company if it's not already too late.
Sourced: worked with many ex-Intel people.
POSTSCRIPT: I have seen from the inside (not at Intel) how a politically motivated acquisition failed so utter spectacularly due to that same internal power struggle. I think there are some deeply flawed incentives in corporate America.